SEOUL The Bank of Korea kept monetary policy unchanged as expected on Friday, and its chief hosed down expectations of further policy tightening this year, in the face of a jobs crisis and inflation still stubbornly below target.
SEOUL The Korea Exchange (KRX) said on Tuesday it was monitoring Merrill Lynch's Seoul operations after media reports and petitions regarding the investment bank's trades.
SEOUL South Korea added a mere 5,000 new jobs in July, slowing sharply from 106,000 a month earlier, official data showed on Friday, the smallest increase since January 2010 in the depths of the global financial crisis.
SEOUL, August 1 South Korea's exports returned to growth in July on brisk sales of memory chips, but the chill from a deepening U.S.-China trade conflict had still to be felt, and there were also doubts over how much longer booming demand for chips would last.
July 26 South Korea's finance minister said on
Thursday he is closely monitoring the currency moves and that he
will take stern action to stabilize the market, if needed.
SEOUL A rapid fall in capital investment slowed South Korea’s economic growth in the second quarter, while weaker export growth highlighted concerns over the outlook for trade in the second half of the year.
SEOUL North Korea’s economy contracted at the sharpest rate in two decades in 2017, South Korea’s central bank estimated on Friday, as international sanctions and drought hit growth hard, with signs living conditions were beginning to deteriorate. | Video
SEOUL, July 20 North Korea’s economy contracted
at the sharpest rate in two decades in 2017, South Korea’s
central bank estimated on Friday, in a clear sign international
sanctions imposed to stop Pyongyang’s nuclear and missile
programmes have hit growth hard.
SEOUL South Korea on Wednesday cut its economic growth forecast for this year, citing a feeble labor market recovery and global trade tensions.